$685,000
SOLD SEP 13, 2024

1 Sherman Place Morris Plains, NJ 07950

3 Beds
3 Baths
1,673 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$409 Per Sq Ft

17% Above List Price

8 Days on Market

About This Home

As of September 2024

This home is located at 1 Sherman Place, Morris Plains, NJ 07950 and is currently priced at $685,000, approximately $409 per square foot. This property was built in 1938. 1 Sherman Place is a home located in Morris County with nearby schools including Alfred Vail School, Hillcrest School, and Thomas Jefferson School.

Last Agent to Sell the Property

Donna Vespa

BHHS FOX & ROACH Brokerage Phone: 908-273-0400 Listed on: 07/22/2024

BHHS FOX & ROACH

Last Buyer's Agent

ANN MARIE BOCK

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,090

Year Built

  • Built in 1938

Lot Details

  • 6,098 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,090

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Year Built: 1938
  • County Name: Morris
  • Street Number Display: 1
  • I D: 5300548
  • Modified: 2024-09-15
  • Number Images: 1
  • Attribution Contact: 908-273-0400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .144 AC
  • Total Acres: 0.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2024
Closed on
Sep 11, 2024
Sold by
Defranco Frank T and Defranco Abigail K
Bought by
Kenny Richard
Seller's Agent
Donna Vespa
BHHS FOX & ROACH
Buyer's Agent
ANN MARIE BOCK
WEICHERT REALTORS
List Price
$585,000
Sold Price
$685,000
Premium/Discount to List
$100,000
17.09%
Views
74
Current Estimated Value
$694,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,455
Avg. Annual Appreciation
1.45%
Original Mortgage
$513,750
Outstanding Balance
$509,196
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$185,259

Purchase Details

Listed on
Feb 28, 2019
Closed on
Aug 12, 2019
Sold by
Hendershot Theresa and Hendershot Derek
Bought by
Defranco Frank T and Defranco Abigail K
Seller's Agent
Nicole Haslett
KELLER WILLIAMS METROPOLITAN
Buyer's Agent
Donna Vespa
BHHS FOX & ROACH
List Price
$418,000
Sold Price
$385,000
Premium/Discount to List
-$33,000
-7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.06%
Original Mortgage
$308,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2001
Sold by
Tanzola John
Bought by
Margiotta Theresa
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $685,000 Green Hill Title
Deed $385,000 None Available
Deed $96,850 --
Deed $96,850 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $513,750 New Conventional
Previous Owner $308,000 New Conventional
Previous Owner $364,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2024 09/13/24 Sold $685,000 +17.1% $409 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $585,000 +51.9% $350 / Sq Ft
08/23/2019 08/23/19 Sold $385,000 -7.9% $236 / Sq Ft
05/17/2019 05/17/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $418,000 -- $257 / Sq Ft
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,090 $353,600 $204,400 $149,200
2023 $7,090 $353,600 $204,400 $149,200
2022 $6,663 $353,600 $204,400 $149,200
2021 $6,663 $348,500 $204,400 $144,100
2020 $6,489 $348,500 $204,400 $144,100
2019 $6,388 $348,500 $204,400 $144,100
2018 $6,318 $348,500 $204,400 $144,100
2017 $6,276 $348,500 $204,400 $144,100
2016 $6,179 $348,500 $204,400 $144,100
2015 $6,091 $240,200 $119,400 $120,800
2014 $6,012 $240,200 $119,400 $120,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3914622

Garden State MLS

APN: 22-00304-0000-00008